Apple Announces $500B US Investment Plan, Adding 20K Jobs

Apple has announced plans to invest $500 billion in the United States over the next four years, including a significant expansion of its domestic manufacturing and research capabilities, according to Bloomberg. The commitment comes following a recent meeting between CEO Tim Cook and President Donald Trump.

Apple Logo Cash Feature Yellow
The tech giant's plans include the construction of a new server manufacturing facility in Houston, where Apple and Foxconn will produce servers for Apple's Private Cloud Compute system. The 250,000-square-foot facility is scheduled to open next year.

Apple will also establish a supplier academy in Michigan, "to train the next generation of US manufacturers," and will expand its data center presence across multiple states, including Arizona, Oregon, Iowa, Nevada, and North Carolina. The company confirmed that chip production has already begun at TSMC's Arizona facility, which is currently manufacturing components for some Apple Watch and iPad models.

The 20,000 new jobs Apple plans to create will focus primarily on research and development, silicon engineering, and artificial intelligence. This matches the company's previous hiring wave, which added 20,000 R&D positions over the last five years.

In Detroit, Apple plans to double down on manufacturing education by opening a dedicated academy to support smaller companies. The tech giant is also doubling its US manufacturing fund to $10 billion.

"We are bullish on the future of American innovation, and we're proud to build on our long-standing US investments with this $500 billion commitment to our country’s future," Cook said in a statement. "We'll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation."

The announcement is likely to have been strategically timed, given that Trump has threatened to impose an additional 10% tax on Chinese imports. Cook previously succeeded in protecting the iPhone from tariffs during Trump's first term by arguing that such measures would end up benefiting competitors like Samsung.

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Top Rated Comments

grantishere Avatar
19 weeks ago
Made in America ??
Score: 38 Votes (Like | Disagree)
katewes Avatar
19 weeks ago
Tim Cook acts like a politician. For example, whenever Cook was asked why he didn't let Apple do more manufacturing in the U.S. rather than in China, he gave this excuse that manufacturing in China wasn't just for lower costs, but because of China's greater manufacturing infrastructure and expertise. But no one challenged Cook to explain WHY China has better manufacturing infrastructure and expertise. It's because decades ago, money-hungry companies like Apple shifted their manufacturing to China, thus creating the environment for China to grow that beneficial environment and workforce. In an alternate reality, if companies like Apple had kept their manufacturing in the U.S., then that same awesome manufacturing infrastructure and expertise would have been in the U.S. today, not in China. I hate it when people in the Media, who interview Tim Cook, never press him on that point.
Score: 38 Votes (Like | Disagree)
DrJR Avatar
19 weeks ago
YES! Bring it all home! ♥️??
Score: 24 Votes (Like | Disagree)
rgwebb Avatar
19 weeks ago

Tim Cook acts like a politician. For example, whenever Cook was asked why he didn't let Apple do more manufacturing in the U.S. rather than in China, he gave this excuse that manufacturing in China wasn't just for lower costs, but because of China's greater manufacturing infrastructure and expertise. But no one challenged Cook to explain WHY China has better manufacturing infrastructure and expertise. It's because decades ago, money-hungry companies like Apple shifted their manufacturing to China, thus creating the environment for China to grow that beneficial environment and workforce. In an alternate reality, if companies like Apple had kept their manufacturing in the U.S., then that same awesome manufacturing infrastructure and expertise would have been in the U.S. today, not in China. I hate it when people in the Media, who interview Tim Cook, never press him on that point.
I don’t think that is the whole truth. China put a huge state investment into becoming an electronics manufacturing leader in the 90s and 00s.

The United States problem is we think private corporations will just do whatever is good for the United States instead of their shareholders. US corporations outsourced because it increased shareholder value. Dodge v. Ford Motor Co. established shareholder supremacy as US legal precedent in the 1920s. If the US wants companies to make decisions other than increase shareholder value, they can either tariff the businesses into reconsidering their import decisions or become a majority shareholder in strategically important businesses. I think the latter is not considered enough in this country but it is possibly the future of Intel if they want a US owned and operated full stack semiconductor designer and manufacturer.
Score: 24 Votes (Like | Disagree)
Admiral Avatar
19 weeks ago
Doesn't $500 billion investment creating 20,000 jobs work out to an investment of $25 million per job? Am I doing the math wrong? A billion is a thousand millions.
Score: 23 Votes (Like | Disagree)
Johnny London Avatar
19 weeks ago
Why not? Is this decision influenced by the Trump administration’s efforts to make the US more attractive for businesses overall? I assume it is. Non-US citizen here
Score: 14 Votes (Like | Disagree)